Other Briefings
Indonesia to Relax Tax Burden on Mineral Exports
The Indonesian government is finalizing a set of new regulations that will reduce the export tax on mineral concentrates for mining companies operating in the country. In order to avail the reduced export taxes, eligible mining companies must agree to build a smelter in Indonesia.
Praise for the U.S. – Philippines Partnership for Growth
During his visit to the Philippines last week, U.S. President Obama reaffirmed the United States’ commitment to economic cooperation with the Philippines and highlighted the ongoing role of the U.S.-Philippines Partnership for Growth for continued economic and policy support.
Philippines to Offer Tax Breaks to Global Film Production Industry
A bill has been introduced in the Philippine Senate that would grant tax incentives to foreign and local film production companies in an effort to promote the country’s film industry and create a market for “film tourism.”
Thailand Offers Tax Deductions on R&D
Thailand has launched an online expense certification service to help businesses demonstrate they meet the qualifications necessary for a 200 percent research and development (R&D) tax deduction.
Tax Hike Makes Luxury Cars in Indonesia Even More of a Luxury
Regulations issued by the Indonesian Ministry of Finance hike the luxury-goods sales tax (LCT) on luxury cars by two-thirds to 125 percent.
May 2014 ASEAN Regional Meetings
There are a number of important ASEAN regional meetings taking place in May, including the ASEAN-Australia-New Zealand Free Trade Agreement Joint Committee Meeting and the ASEAN Labour Ministers Meeting.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
Internet Speeds Across ASEAN
According to the results of an analysis by ASEAN DNA, only two ASEAN member states – Singapore and Thailand – currently have internet speeds above the global average of 17.7 Mbps.
East Java Attracts Second Largest Amount of FDI in Indonesia
The Indonesian province of East Java attracted US$3.39 billion in foreign direct investment in 2013, the second largest amount in the country after Jakarta, the capital of Indonesia. This amount represented a growth of 91.5 percent over 2010.
Foreign Direct Investment in ASEAN – Key Findings
Developing countries in Southeast Asia gain much more economic benefits when they increase allowable foreign ownership, which leads to higher FDI inflows, according to the East Asia Pacific Economic Update release by the World Bank at the beginning of this month.
